I've been a lurker on Somersoft for a while now consuming every bit of information I could find to decide where I should buy my first IP. Goal is CG and my budget is ~ 550K. I've been priced out of Sydney and I'm eyeing out Chermside and its surrounding suburbs.

I decided to use a Brisbane buyer agent as I am based in Sydney, but as I was about to sign and send the papers this morning, I stumbled upon the below article which predicts a fall in housing prices everywhere except for Sydney.

It's based on a realestate pricing model some academics put together with no real explanation.

I've been a lurker on Somersoft for a while now consuming every bit of information I could find to decide where I should buy my first IP. Goal is CG and my budget is ~ 550K. I've been priced out of Sydney and I'm eyeing out Chermside and its surrounding suburbs.

I decided to use a Brisbane buyer agent as I am based in Sydney, but as I was about to sign and send the papers this morning, I stumbled upon the below article which predicts a fall in housing prices everywhere except for Sydney.

It's based on a realestate pricing model some academics put together with no real explanation.

good choice, go Brissy!!
You want CG ? well you will get decent yield in Brisbane that's for sure. I'm sure within 10 years the Brisbane price will double (historically it seems to have doubled in 10 year timeframe), but I don't expect it to go gangbusters like sydney the last 3 years. And with the yield of at least 4% then you've gove 40% return purely on rental returns over the 10 years

He he, ain't that the truth, depends which paper, article, report you read, I really don't rely on stats, because there is so much conflicting information it's confusing.
Also too many variables, stats are rubbery at best IMO, stay away from them, otherwise they will do your head in

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